Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Flex ( (FLEX) ) has shared an update.
On May 5, 2026, Flex reported strong results for its fourth quarter and fiscal year ended March 31, 2026, with Q4 net sales of $7.5 billion and full-year net sales of $27.9 billion, representing year-over-year growth of 17% and 8%, respectively. The company also achieved record profitability, delivering a full-year GAAP operating margin of 4.9%, adjusted operating margin of 6.3%, GAAP EPS of $2.33, and adjusted EPS of $3.30, supported by disciplined execution and targeted acquisitions.
Flex further strengthened its financial profile with Q4 GAAP operating income of $372 million, adjusted operating income of $500 million, and free cash flow of $212 million, while generating $1.06 billion in free cash flow for fiscal 2026. Alongside these results, the company announced that it plans to spin off its cloud and power infrastructure business into a new independent, publicly traded company, a move that could sharpen strategic focus in core operations and potentially reshape its positioning in the fast-growing data center and infrastructure markets.
For stakeholders, the planned spin-off signals a significant portfolio realignment following Flex’s recent capital investments and acquisitions aimed at long-term growth. Management’s decision to separate the cloud and power infrastructure segment suggests an effort to unlock value in a business closely tied to AI-driven data center demand, even as Flex maintains momentum with expanding margins and robust cash generation from its remaining operations.
The most recent analyst rating on (FLEX) stock is a Buy with a $88.00 price target. To see the full list of analyst forecasts on Flex stock, see the FLEX Stock Forecast page.
Spark’s Take on FLEX Stock
According to Spark, TipRanks’ AI Analyst, FLEX is a Outperform.
Overall score is driven by solid financial performance (strong cash generation and improved balance sheet) and a constructive earnings outlook with raised guidance and continued data-center/critical power momentum. Technicals support the uptrend but overbought signals add near-term risk, while valuation (P/E ~23.8 and no dividend) tempers upside.
To see Spark’s full report on FLEX stock, click here.
More about Flex
Flex (Nasdaq: FLEX) is a global manufacturing and supply chain solutions provider that partners with leading brands to design, build, and manage products across their lifecycle. Operating in 30 countries, the company focuses on advanced manufacturing, innovative technology, and scalable IT infrastructure, including power and cooling solutions that support accelerated data center deployment in the AI era.
Average Trading Volume: 3,595,337
Technical Sentiment Signal: Buy
Current Market Cap: $33.77B
Find detailed analytics on FLEX stock on TipRanks’ Stock Analysis page.